Vision Corporation Limited Reports Q3 FY26 Results with Revenue Decline and Net Loss

2 min read     Updated on 13 Feb 2026, 08:10 PM
scanx
Reviewed by
Shriram SScanX News Team
Overview

Vision Corporation Limited reported Q3 FY26 results showing revenue from operations of ₹3.09 lakhs, down from ₹384.20 lakhs in Q3 FY25, and a net loss of ₹16.11 lakhs compared to ₹11.73 lakhs loss in the previous year. Year-to-date performance showed total revenue of ₹25.59 lakhs against ₹1,195.70 lakhs in the corresponding period last year, with net loss widening to ₹61.01 lakhs from ₹31.32 lakhs.

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*this image is generated using AI for illustrative purposes only.

Vision corp announced its unaudited financial results for the quarter ended December 31, 2025, revealing challenging operational conditions with significantly reduced revenue and continued losses. The Board of Directors approved these results in their meeting held on February 13, 2026, with the statutory auditors providing an unmodified opinion on the financial statements.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed a marked deterioration compared to the previous year. Revenue from operations declined dramatically to ₹3.09 lakhs from ₹384.20 lakhs in the corresponding quarter of FY25. The company reported no other income during the current quarter, resulting in total income of ₹3.09 lakhs compared to ₹384.93 lakhs in Q3 FY25.

Metric Q3 FY26 Q3 FY25 Change
Revenue from Operations ₹3.09 lakhs ₹384.20 lakhs -99.2%
Total Income ₹3.09 lakhs ₹384.93 lakhs -99.2%
Net Loss ₹16.11 lakhs ₹11.73 lakhs +37.3%
Basic EPS -0.081 -0.059 -37.3%

Expense Analysis

Total expenses for the quarter amounted to ₹19.21 lakhs, significantly lower than ₹396.67 lakhs in Q3 FY25. The major expense components included employee benefits expense of ₹2.63 lakhs, depreciation and amortisation expense of ₹8.70 lakhs, and other expenses of ₹7.88 lakhs. Despite the reduced expense base, the company's low revenue resulted in a net loss of ₹16.11 lakhs for the quarter.

Year-to-Date Performance

The nine-month period ended December 31, 2025, reflected similar challenges with total revenue of ₹25.59 lakhs compared to ₹1,195.70 lakhs in the corresponding period of the previous year. Year-to-date expenses totaled ₹86.61 lakhs, resulting in a net loss of ₹61.01 lakhs against a loss of ₹31.32 lakhs in the same period last year.

Period YTD FY26 YTD FY25 Change
Total Revenue ₹25.59 lakhs ₹1,195.70 lakhs -97.9%
Total Expenses ₹86.61 lakhs ₹1,227.76 lakhs -92.9%
Net Loss ₹61.01 lakhs ₹31.32 lakhs +94.8%

Balance Sheet Position

As of December 31, 2025, the company's total assets stood at ₹1,633.89 lakhs compared to ₹1,588.00 lakhs as of March 31, 2025. Current assets increased to ₹1,089.54 lakhs from ₹1,035.48 lakhs, primarily driven by higher trade receivables of ₹263.42 lakhs. The company maintained an equity base of ₹888.73 lakhs with equity share capital of ₹1,997.01 lakhs and accumulated losses reflected in other equity of ₹1,108.28 lakhs.

Regulatory Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 13, 2026. The statutory auditors, Bhasin Hota & Co., provided a limited review report with an unmodified opinion, confirming compliance with applicable accounting standards and SEBI regulations. The company operates in a single business segment, making segment-wise reporting not applicable.

Historical Stock Returns for Vision Corp

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-10.06%-11.22%-11.78%-19.01%+194.68%

Vision Corporation Limited Announces Leadership Change: New Chairperson Appointed

1 min read     Updated on 09 Jan 2026, 06:58 PM
scanx
Reviewed by
Naman SScanX News Team
Overview

Vision Corporation Limited announced leadership changes effective January 9, 2026, with Mrs. Kaalindi Misra resigning as Chairperson due to personal reasons while continuing as Executive Director. Mr. Aashutosh Mishra, a company veteran since 2008 and current Executive Director and CFO, has been appointed as the new Chairperson. The transition maintains family leadership continuity as both executives are siblings.

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*this image is generated using AI for illustrative purposes only.

Vision Corp has announced a leadership transition following a board meeting held on January 9, 2026. The meeting, which commenced at 5:00 PM and concluded at 5:30 PM, resulted in significant changes to the company's executive structure.

Leadership Transition Details

The board meeting addressed two key leadership changes that took effect immediately. Mrs. Kaalindi Misra tendered her resignation from the position of Chairperson due to personal reasons, while Mr. Aashutosh Mishra was appointed as the new Chairperson of the company.

Position Change: Details
Outgoing Chairperson: Mrs. Kaalindi Misra
Incoming Chairperson: Mr. Aashutosh Mishra
Effective Date: January 9, 2026
Reason for Change: Personal reasons (resignation)

Continuity in Leadership

Despite stepping down from the Chairperson role, Mrs. Kaalindi Misra will continue to serve the company as Executive Director, ensuring continuity in the organization's leadership structure. This arrangement maintains her involvement in the company's strategic direction while allowing for the leadership transition.

New Chairperson Profile

Mr. Aashutosh Mishra brings substantial experience to his new role as Chairperson. His association with Vision Corporation Limited spans over 15 years, having joined the company in 2008. His career progression within the organization demonstrates his deep understanding of the company's operations and strategic objectives.

Career Milestone: Timeline
Joined Company: 2008
Executive Director: 2023
Chief Financial Officer: May 2024
Chairperson: January 9, 2026

Family Connections in Leadership

The leadership structure reflects family involvement in the company's management, with Mr. Aashutosh Mishra and Mrs. Kaalindi Misra being siblings. This family connection has been formally disclosed in accordance with regulatory requirements under SEBI regulations.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made to BSE Limited, where the company is listed under scrip code 531668. All necessary documentation and disclosures have been submitted in compliance with regulatory guidelines and SEBI Circular dated July 13, 2023.

Historical Stock Returns for Vision Corp

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-10.06%-11.22%-11.78%-19.01%+194.68%
1 Year Returns:-19.01%